All Housing association financials articles – Page 3
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Surplus down but turnover rises in SNG’s first post-merger financial accounts
The merged organisation, which is aiming to develop 25,000 new homes over the next decade, says its balance sheet is ‘robust, diversified and resilient’
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Platform Housing’s surplus falls due to pension scheme exits costing £18m
The Midlands-based housing association also cited cost pressures from investment in homes, customer services, and high inflation
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Bromford Housing reports increase in turnover, but higher operating costs
Housing association blames rise on higher repair volumes
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Bromford retains A+ credit rating from S&P
Agency cites management expertise, robust planning and strong liquidity as key factors for confirming the rating
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Clarion reports drop in turnover and surplus as it takes ‘cautious’ approach to development
Housing association giant increases spend on existing stock from £393m to £418m
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Sanctuary increases turnover despite 35% drop in sales income
Giant housing association misses development target
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Notting Hill Genesis to reduce development to 600 homes a year
Landlord increases projected spend on existing stock from £500m to £770m over the next 10 years
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MTVH reports £80m deficit due to fire safety costs and write-downs
Revenue and underlying operating surplus up but housing association hit by higher non-recurring and fire safety costs
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Rent policy changes put 300,000 social homes at risk of becoming unsustainable, warns G15
Inequalities to social rents have cost London’s largest housing associations more than £2bn, housing association group says
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L&Q reports trebling of surplus – but this could be reduced by impairment charges
Housing association giant reports earnings set for hit due to ’development defects and prolonged inflation’
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Aster misses development target as capacity ‘plateaus’
Southern landlord latest to reveal lower completions than hoped for in 2023/24
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Turnover and surplus up at Home Group in first nine months of the year
But completions ‘behind expectation” due to delays and supply chain challenges
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Platform Housing Group hails ‘record-breaking’ amount of starts
48,000-home housing association increases completions by 25% but misses original target
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Clarion full-year completions fall 24%
Housing association giant takes a more “cautious” approach to new build as it undershoots original development target by 600 homes
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Almost nine in 10 housing associations report uptick in quarterly completions
Latest exclusive Housing Today boardroom data published today
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DLUHC extends rent settlement for social landlords until 2026
NHF continues to call on the government to introduce a 10-year rent settlement
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Peabody appoints former Southern director as group treasurer
Tariq Kazi was involved in setting up the government’s affordable homes loan programme
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Paradigm increases development by 49%
16,000-home housing association on track to build 500 homes in 2023/24 as it boosts surplus and turnover
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Social housing letting margins in London see sharpest drop
The operating margins of housing associations that depend more on market sales are also affected
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Financial position of Scottish social landlords ‘weaker than it has been for several years’
Scottish social housing regulator has said landlords have diminished financial capacity to respond to challenges